Protects mining hardware and plants against physical damage.
This policy was specifically designed and built by Evertas to address the unique risks faced by industrial miners, co-location and hosting providers, and retail miners. We currently cover the mining operations responsible for 25% of the Bitcoin hashrate with policies up to $360 million per declaration.
Evertas’ deep expertise and specialized mining underwriting framework assures that your coverage will consider the inherent value not just of your mining hardware, but also the future value of the coins that hardware was built to mine.
This protects the revenues generated by your mining operations which includes the consequences of your equipment being down (business interruption). In 2023, Evertas redoubled our commitment to protect crypto mining operations through the acquisition of Bitsure.